"Arvind Rao, the managing director and chief executive of OnMobile, has resigned after what the company called a 'special review of its corporate governance procedures'," the Economic Times reported.

The stock hit an intraday high of Rs 36.95 and a low of Rs 30.90.

2) Punj Lloyd Ltd: Punj Lloyd closed 7.6 per cent higher at Rs 58.70. It hit an intraday high of Rs 59.40 and a low of Rs 54.50.

Ashwani Gujral of ashwanigujral.com is bullish on the counter and recommends a 'buy' on the stock for a possible target of Rs 62 with a stop loss of Rs 54.

3) Reliance Communications Ltd: The stock closed 6.5 per cent higher at Rs 71.15 on reports the telecom major has set an indicative price range for the Singapore initial public offering of its undersea cable unit that could raise as much as $1 billion and help the parent reduce its debt load, IFR Asia reported on Monday.

Reliance Communications, controlled by billionaire Anil Ambani, is looking to raise funds to ease a debt load of $7 billion as of March. To view full report, click here

Mitesh Thacker of miteshthacker.com recommended Reliance Communication in the Buy-today-sell-tomorrow (BTST) segment of ET Now. He advised investors to buy the stock for Rs 2 movement on the upside and keep stop loss of Rs 1-1.5. However, if the stock does fall back to Rs 68, it becomes an attractive buy.

CK Narayan of Growth Avenues Asset Advisors recommended a long on RComm with the much awaited IPO likely to happen in Singapore, which may push the stock on the higher and investors can bet for an intermediate target of Rs 74 (stop loss at Rs 65).

4) HMT Ltd: The stock surged over 16 per cent in trade with the media reports indicating that the government is mulling a Rs 993-crore revival plan for the company. The plan would include Rs 441 cr cash infusion into the company.

The stock closed 14.06 per cent higher at Rs 47.05. It hit an intraday high of Rs 48.55 and a low of Rs 40.95.

5) Goenka Diamonds and Jewels Ltd: The stock pared most of its losses of 20 per cent in the previous session after an Intelligence Bureau report suggested that operators have tried to rig prices of the stock along with other stocks.

The stock closed 7.08 per cent higher at Rs 173.20. It hit an intraday high of Rs 186.55 and a low of Rs 150.10.